The Financial Times reports that London-based Man Group, the world's largest publicly traded hedge fund, is said to have been looking at a $2bn drop in asset values at its flagship algorithmic-based AHL fund in the days following the earthquake, tsunami and nuclear fears in Japan earlier this month.
A couple of years back, we undertook a poll of our readers to find out what they thought were the worst bank mergers of all time.
A new report by the UK's House of Lords Economic Affairs Committee has called for a competition probe into the Big Four auditors’ oligopoly. Their 'complacency' and 'dereliction of duty' contributed to financial crisis, the report found.
The first-quarter has been a fairly mixed one for recruitment firms, as investment banks, fund managers and other market participants have been more cautious than 2010 when it comes to beefing up headcount.
Here are a couple of comments we received in when undertaking our 'Gender Bias' poll.
The Wall Street Journal reports that Barclays is said to be 'undertaking a detailed analysis of likely regulatory hurdles to switching its domicile to New York'.
Our most popular annual 'Best Place To Work in the Financial Markets' poll ever has now concluded.
The Wall Street Journal reports that Philippe Jabre, the top-rated trader who now runs a $6bn hedge fund, took a $300m bath after losing out on Japanese equities.
CNBC reports that Goldman Sachs appears to be taking a hard line over staff who may wish to leave Japan following the earthquake, tsunami and nuclear alert there these last 2 weeks.
Reuters reports that Ken Costa, the chairman of Lazard International, is to step down from his role at the firm, and is said to be leaving later this week.